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Staunton vindicator. (Staunton, Augusta County, Va.) 1858-1858, January 02, 1858, Image 1

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Persistent link: https://chroniclingamerica.loc.gov/lccn/sn96027383/1858-01-02/ed-1/seq-1/

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TI2RJ18, Two Hollars s
In U’UBff*
TiH! >1S The “VINDICATOR” is publish
ed every Saturday hi nr a in o, in Staunton. Main S>.,
*ieo Hum s liast of Union 1Jail, at Ttco 1) il/ar* } er
annum. if paid <n advance, and to be discharged by
the /.aynient of Tiro Dollars and fifty CiM», ij de
lays I till after six months. No paper trill be discori
tinu d. ex’-ept at the discretion oj the editor, unless
all claims are adjusted.
A t> V tilt TUSH .I. fc'.V TS of ten lines, (v less, ) in -
Wed three times for one dollar,and ticenty-jive Cents
lot cttch suhseipienl continuance. Larger advertise
ments inserted in the same proportion.
.4 liberal discount made to those icho advertise by
the year.
Pmfessionnl Cards,not exceeding seven lines, trill
be inerted for one year for $5 00—-6 months for $300.
.... £P00
- - - - 5 00
.... 3 00
- - * - 12 00
- - - - 8 00
- - - - 5 00
- - - - 10 00
- - - - 7 00
- - - - 1 ;-1 00
- - - - 12 00
- - - - 8 00
- - - - 50 00
... . 30 00
All advertising for a less time than three months,
srill be charged for at the usual rater—SI 00 ]"<r
so"are for the first three insertions, and twenty-five
rents for each subsequent issue.
'PJie above rates wi!' he strictly adhered to. The
circulation of the VINDICATOR, is one of the Utr- '
pest in the Shite, find lienee one of the best adrertis- j
i,uj •nediems.
> JOH \VGIt K, of »P, descriptions promptly I
*' ended to.
RJ. llUl'l*., Kcani in u,.p.o.. .. .i...
. Opposite th<> Passenger Depot > and near tlie J
Ant-riean Hotel, Staunton. Va.
BAYLOR A BAYLOR, Attorney? at Late. Office !
opposite County Clerk’s Ollice.
BF. POINTS, Dealer in Stores, Tin and Cop- j
• per Ware, one door above Union Hall.
(3 P. WOOD, manufacturer and dealer in Car- J
7* riageand Buggy Harness, Shop oil the corner i
opposite the .National Hotel.
!■’ OOOLFY, Fashrorahh? Tailor, opposite old;
'j. Post Ollice, Main St., Staunton. Ya.
3 T. ALBUUTSO.V. Attorney at Law and So. j
'a, tarv I'tfV-lic. Waynesborougli. Yd. j
< 1 . SLICK, Saddle, 1}s;&-m. and Trunk ma
il. u-r, under Yindieator Office.
ryivYitY irrr<HMS, manufacturer and dealer in |
i I Boots A; Shoe*, one door west of Mai ble A" a id. j
nU’MAV A LULL. Attorneys at Late, Oliice op- j
p.<si-e tin* Court House.
| J J. BULL, Notary Public and Commi-ssionei
it. to settle Accounts, opposite Court House.
JO’UKAR. M . reliant Tailor, under the Vindi
• tutor Office.
t V5. KY.VXS. Dealer in Tobacco and Sugars, j
cj • Main St.., Staunton. 1s.
JB, AXTON’J, dealer in Confectionery A Fruits’ j
• Main St.. Staunton, Va.
JB. SCHP.lt £11, Covrfcet Kiner, flrocer, and 15a
• ker. corner ■of Court House Alley.
YACOB POLLITZ, Wholesale and Retail dealei
if in Beady-Made Clothing, corner of Va. Hotel.
JRBAN'DKBUKtr A CO., dealers in Dry Roods '
• h.u<1 Groceries, oim/taite Va. Hotel. ; i
Va*- tifiinrCf ten 1 year
•• fi 6 month*
JFc0 van fit*** *
T ir«c tKju'ircs
On* third solr
On* roh'm n
(\ mouth *
- ♦» months
- 3 '\
- (> month*
- 6 month*
HmTS A' Merchants, and Genera ;
Traders in Fancy and Staple Hoods and Gro- I
ies, opposite the Vindicator Ollice. !
If. TliOVT, Attorney at Law, Office on Court
House Kotv.
S3 X. F()WI!1,L CO . Family Grocer? A Flour
i • under Cnfon MA'J. .
Country Freduce bought and mid.
rttl'IiK A IT SUING, A net inneers and General
S. Agents. und Cnion Hall.
f S. COAl.'lKR, Auctioneer, Collector, and
f • General Agent. Impure at Vindicator Oilice.
FFMAUJ INSriTCTF., Staunton, Va.—
V Rev. R. it. RjiilLij c, FriBfip#).
"'I ? T 11ARKM A N. Wholesale nnd'Retail dealer in
1? S • Tobacco ■'mi Segurs, eppo-vte A. ,*?. Hefei.
/T U.VHTK1I OAK Fife Insurance* Co.— H. W.
\.:J Shelley Agent: e old Central Hank.
jJOB’T JOHN SOX A SO X. ('nliiin-t makera and
* Ctxlertaacti*. Gospel fiifl — -South ride.
f\ M KS M. S FIG. Attorney at l.avr, Monterey
itieIda d count' , Va.
r> A.GLKXDY. dealer in Tobacco. Snuff and
1. Sugars, New Street, C. T. Cochran, Agent.
JINK A KIN SKA’, druggists and dealers in
J Faints, Oil*, Dyestuffs, Ac., Main St., Stauii
fp .1. lU'RKI' A CO. Fivory and Sale Staples.
.1 . Knoui.e at the Virginia Hotel.
.V O U T U 8 1 0 K, M A / A’ 8 T l{ E E Tf
Staunton, Va.
r|MtE snWnbt'r, who was recently Pro
" nriotor of TA A’LOU’S HOTF, L, Winchester,
leased, and b t»otr in putcaiou of Ibwt well
known nis'l pwpufi*r House, the
»ii S!*uativA. Tf>;« Hiss I-k-'s so )e-n.g and fa
vorable k.nuv- a that little need he mid iro call the
»;t •niioit of the psebiieto it. Having had eonaidei -
sbla experience in liia business, the subscriber be
lieves that he will be able.by und’ivrdeil and assidu
ous attention, to make hie patrons comfortable
whilst under hie roof.
1 <» UK* |iri m u umin;> , , nr v* "mu -
mv that his means of accommodation will he found !
t-> 1»« “xn-ettv suited to their wants, llis table will
he otjiial to any in the place, at aTl seasons of tin
\ ur. II is-ervauts are well <|U tlilied and attentive:
'sod hit Stabling is unsurpa se l in this region of
r onitrv fo-i its e*ten* and obedient arrang ement.
11 j therefore invite.-, a fiiCl share of the local patron
age, with the fullest confid-orta.* that his quests will
fud everythin?; just as they could wish. For tin
accommodation of the travelling public, an onnii
lui* will ahvrsvs he in attendance at. the Depest on tin
arrival of the trains, and will eor/rey the passen
gers to and iro n the Hotel free of charge, and in
a aide fcimu pvsscngers to take their meals am'
j/.'t to the <■»»•« ift time to secure their tickets and
j.'tttit. Charge- for Dinner and Horse feed, if paid
at the time, tit1--' cunts; if charged Vi cents.
Ja,i. 7. L857—tf. \VM. D. GILKKSON.
«o*. j . vicihk. -its. tr. S'»?*s*Krt. j.c. uicuik
STAUTOJf, > A ..
nV VK twined a partnership for the practice of
law in all the Courts of Augusta eormty, and
tin* C. si. District Court for Western Virginia.
Mr Miehie will attend, as heretofore the Courts ol
adjoining counties.
JOII\ C. MICIIIE will practice in the Cir
cuit and County Courts of Highland.
A. 11 business entrusted to him wi’l he promptly at
tended tc.. July 5, 1856—(br.o.
AM E a j C A N HOT EL,
4 ii“w and elegant Hotel is now open for the
1 reception and accommodation of visitors.
Thu Proprietress assures the punlic thatevery ef
fort will be made to please her guests.
TheS tagesof HA UMAX, BROWN rf- CO., ar
rive and depart from this Hotel, w here their only
of/iee is to be found. [Jan. 24, 1857—if. '
rrtIIK founder of tliis Celebrated Institution, tBe
JL only regularly Educated Physician adverti
sing offers the most certain, speedy and only ef
fectual remedy in the world for
Gonorrhoea, Gleets, Strictures, Sr-inincl Weakness.
Pains in the Loins, Affections of the Kidneys and
Bladder, Loss of Organic Power, Nervous irrita
bility, Disease of the Head. Throat. Nose or Skin,
and ;d) those Peculiar Disorders arising from a
Curtain Secret Habit of Youth, which if not oured
produces Constitutional Debility, renders mar
riage impossible, and in the end destroys, both
BODY and MIND. Those secret and solitary
practices more fatal to their victims than the
s'.,r>g of tin’ Svrens to the mariners, ofl.lysscs,
Wirijting their most brilliant W»fK*s or antlcii'a
t hmfi, rondel ing marriage, rf-e.. impossible.,
f-pe.rifljlv. w ho have beer me tlie victims of S<-h'!n
, r,v... that dreadful and destructive balut which
sT: sweeps to an unlimelv grave thousands of
Toung n'.i'i) of tho most exalted talents and brilliant
intellect, w ho might otherwise have entranced lis
tening Senates with the thunders of eloquence, or
waked to ecstacy the livivg lyre, may call with full
Married persons, or younjj men, contemplating
Marriage, being aware of Physical Weakness, Or
ganic Debility,jOeformitfes, Ac., should immediate
ly consult i)r. J,, and be restored.
lie Who places himself sudor the care of Dr.
Joh’.iftton, may fefigfottsljr confide in his honor, ns a
gentleman, and confidently rely Upon his skill as a
immediately cured and full vigor restored.
This dreadful disease is the penalty most fre
quently paid by those who have become the victims
of improper Indulgences. Young persons are too
apt to commit excesses, not being aware of the
dreadful consequences that may ensue. Now, who
that understands the subject n il! pretend to deny
tha t the power of Procreation is lost sootier by those
falling into improper than by the pi ndent. Besides
being deprived of the pleasure of fualthy offspring,
the most sellout and destructive symptoms to both
body and mind Seise. The system becomes de
ranged. tlie physical and mental powers Weakened,
nervous debility, dyspepsia, palpitation ot the
heart, indigestion, a wasting of the frame, cough,
symptoms of consumption, etc.
St., Baltimore. Md., seven doors from Baltimore
Street, East side, up the steps. Be particular Ifi
observing the N ame and Number, for Ignorant and
Lying Impostors, Cunning and Trifling Quacks,
Shoe Mauler*, Hoot Hurl:*, Sweeps, Lamp Trim
mer*. etc., styling themselves regularly educated
Physicians, attracted by the reputation of Dr.
Johnston, lurk near. A. B. AU Letters must con
tain u StamjK
A cure Warranted In two days.
!>«. .1 OH ASTON.
Member of the Royal College of Surgeons. London.
Graduate from one of the most eminent Colleges of
the United States, and the greater part of whose
life has been spent in the Hospitals of London. Par
is. Philadelphia, and elsewhere, has effected some j
of the most astonishing cures that were ever known.
Many troubled with ringing in the ears and head
when asleep, great nervousness, being alarmed at
sudden sounds, and bmdifhlness. with frequent
blushing, attended sometime* with derangement of
mind were cured immediately.
When the misguided and imprudent votary of
pleasure limit be lias imbibed the s.-ods of painful
disease, it t o often happens that an ill-timed sense
of shame, or dread of discovery, deters him front !
applying to those who. from education and respec
tability, can alons befriend him, delaying till the ,
constitutional si mptoms of this horrid disease make
their appearance, such as ulcerated sore throat, di
seased nose, nocturnal pains in the head and limbs
dimness of sight, deafness, nodes on the shinbone*
tod arms, blotches on the head, face and extremi
ties. progressing with frightful rapidity, till at last !
the palate of the mouth or the bones of the nose fall ,
in. and the victim of this awful disease becomes a
horrid object of commiseration, til! death put a a pa
ir'd to his dreadful sufferings, by sending hitn to j
•that bourn■ from whence no trav'dlcr returns.” j
fo such, therefore. Dr. Johnston pledge* bin-self to j
,.reset'v e the most inviolable seeresy ; and from bis !
•xtensive practice in the first hospitals in Europe i
and America, he can confidently recommend a safe j
and speedy cure to the unfortunate victims of this 1
It is a melancholy fact, tliat tie-.rssnmls f.Il vie- j
i iiit.-’ tie (Sits dreadful complaint, owing to the un
- kill fulness of ignorant Pretenders, who. by (house
if that deadly poison, mcienry. ruin the const Da
don. and scud the unfortunate sutfercr to aruintime
•y grave*, or else make the residue of life miserable. 1
'Take Particular Notice.
Dr. J. addresses all those wiio have aijrtretl thnn
-efs by private and improper indulgences and soli
arv habits. which rain both body and mind, unfit
ting them lor either Business, Stite.y, Society or
These ari* some of tin* sad and, melancholy (-fleets
produced by the early habits of youth. v:/.: Weak
ness of tin* Hack and I,hubs. Pair. in the Head,
Dimness of Sight, Boss of Must niar power. Palpi
tation of the heart, ityspesia. Nerrm - ! r i it ability, 1
Derangement of the Digestive Functions, •tictiei ffl
Dcbilitv. Sy e.i|iton.t of ('uusuii.- lieu, Ac.
MtSTtu.' .--The fearful cife Is on the mind are .
mneb io be dreaded: Loss of Memory, Confusion
of Ideas. Depression ot Spirits, I'il Vorebodings,
A re: to Society, Self- i) istru t Love of Solitudes
Timidity, Ac., are some of the evils produced.
Thousands of persons of all ages can now judge
what is the cause of their declining health. Losing
tie i, vigor, becoming *esU, ps\• and emaciated,
have a singular appearance about the eyes, cough
and symptoms of consumption.
M.'.ijun.n I’lOtsoNs, or those contemplating mar
riage, being aware of physical weakness, should itn
mediately apply to Dr. J., and be restored to per
fret health.
ll£M Lil> V FOK ORGA \IC TV >•,&.& -
By this great and important remedy, weakness
of the organs are speedily cured and full vigor res
ort'd. Thousands ot the most tiervorts aaui debslita
led, who had lost all hope, hav * been immediately
relieved. wli impediments to Marriage. Physical
or Mental Disqualification, N rvous Irritability,
Tremblings and Weakness, o exhaustion of tils
most, icorfuI kind, are speediTv cured.
Who have injured themselves by a certain practice
indulged in w>» ■» abuse—a habit frequently learned
fiout evil eompanioiis, or at school, the effects of
which are nightly felt, even when a-Veep. and if not
cured, renders marriage impossible, and tie- troys
both mind and body, should apply immediately.
Whitt a pity that a young man. the hope of his
country, and the darling of bis* parents, should be
snatched from all prospects and enjoyments of life,
liy the consequences of deviating from the path of
mature, andnsndulging in a certain secret habit.—
itSwek per sir, before contemplating
should reflect that a sound mind and body are the
most necessary requisites to promote connubial
happiness. Indeed, without these, the journey
through life becomes a weary pilgrimage : tin* pros
pect hourly dark -ns tw tbe viev : the mind beeom es
shadowed with despair and filled with the melan
choly 1 eft ■ rtitm that ihe happiness of another be
eome* bind, ted with wr own.
Ofike Sc i S. FyedC St., Baltimore. Md.
X. li.—Let no falsi1 delicacy prevent v«u, bat ap
ply immediately, either personally or bv letter.
The many thousands c*red»t tVds-institution with
in the last sixteen years, and the numerous impor
tant Su-gical Operations performed bv Dr. Johns
ton, witnessed by the reporters of the papers and
mam other persons, notices of which have appeared
aynin and again before the pub-so. besides bis stan
ling as a gentienra-rrof chiwacter asm$ rcspoimbility
•s a sulheient guarantee to the aJllieteA.
It is with the greatest reluctance that DT?. JOHN
STON permits hi* eard to appear before the public,
deeming it unprofessional for a physician twwlyer
ise. but unless lie (To so, the :rttiref cm, cayeewtUy
strangers, could not fail to fall into the hands of tfve
many impudent and unlearned Iinposto-s. with in
numerable false Names combined at Qua'-k-shops,
swarming t!*"»e *arge eith;1*, and copying Dr. Jobn
jton’s advertisement.1. Mfroe Slcuthr*. &<*>t fihxcf:*,
^ trtipv. /.ri)itp Trimmer** d r.. I’u/tri/ and Contcmp
title Imitator*, wliose Lives instead o! a t the Noble
.Science of Medicine have been spent in the most,
\ Menial Crtpfteity, now styling ihenisc ves Ilctpdarly
I IJdneoted i,ln/*iri<ntf, illiterate shallow-brained
I fellows, too lazy to work at their original trade,
! with scarce two idea* beyond a brute, who for the
purpose of Enticing and Deceiving, carrying on
live or six ollices. under as many ditiereut False
Names, so that the afflicted Strangers, escaping
one. is sure to tumble headlong into the other,
j ignorant Quacks with enormous lying certificates of
I great and astonishing ewres from persons not to be
I found, who keep you taking large bottles of Eicor
ice Water and other package* ot filthy and wortri
| less compounds, cunningly prepared to impose upon
| the unfortunate and unsuspecting. 1 rifling month
I after month, or as long as the smallest fee can be
! obtained, and, in despair, leaves you with ruined
health, to sigh over your galling disappointment,
i Persons doubting these remarks can try these im
postors. tie rained in health, and be convinced.
Dr. Johnston wants no Patients, but those fully
! capable of apppreciafnig a*d distinguishing tbe ser
i vices of a regular thorough bred Physician from
l the paltry, designing and unlcaTned Quack.
Dr. Johnston is the only Physician advertising
i to cure Secret Disease. His Credentials or Diplo
mas alwavs hang in his office.
His remedies and treatment are entirely nn
knowtz t'o others. Prepared from a lift* spent in the
great hospitals of Europe r.-nd the firet in this coun
try. viz :: England, Fi ance, the Diockiey of Phila
delphia, Ac., and a more extensive practice than
any other Phvsieian in the world. His many won
derful cures and most important Surgical opera
tions area sufficient guarantee to tfre afflicted.
Those who wish to be speedily and etleetawlty re
lieved should shun the numerous trilling impostors,
who orJ-v ruin their health, and apply to Mm..
PAID and containing a Stamp to be used for the
reply, person- writing should state Age and5send
that"no? tibmof advertisement describing symptoms.
Julv 25: D'-t..- by..
f Governor’s Message#
I For the information of our readers i*c
have been r.t very great pains to prepare an
i abridgement of the Governor's Messages to
the Legislature.
i Message T is “on the present commercial
I crisis and the condition of the Banks of the
United States, and particularly those of Yir
; ginia.” It proceeds, after certain introduc
| tory remarks, to discuss in the first place
' the “crisis’’ which, it says, “has been long
i coming and given ampin time for warning
and watching in its approach/’ and yet has
had all the crashing effects which we have
partly already seen and partly yet apprehen
ded. It is well to look at some of its causes,
and at its mode of operation and to some.of
its results and effects, in order to derive les
sons at (nice salutary for the future and re
lieving for the present These causes it
finds if, sudden, rapid and fearfully large ex
pansion in trade, in consumption, in
in curCeficV, -and in speculation* —state
of over stimulation that has made us reel
and stagger end nearly fall like drunken
men. Of this “tile primary and most po
tent cause,” the Governor thinks, is “the
immense increased production of gold,”
coupled with the consequent “general delu
sion” that we were therefore to have a su
perabundance “of it, so that it was to “be
come merchandise and Dot be any longer
moneywhereas, in point of fact, owing
to a pari passu “immense progress in the
arts of life and in the powers of production
of every thing else besides gold, to an ac
companying increased employment of it in
the “ordinary utensils of lire,” and parti
cularly to an incrcassed demand for it just
at the moment of the increased production,
and altogether co-extensiVe therewith, to
supply the extraordinary wants of the prin
cipal power* of Europe and their “vast ex
penditures” In the late Trans Atlantic wars,
no such effect has ever occurred, “The
consequence of this delusion,” the Gover
nor su\s; ‘ should have been, apparently,
to lesson the amount and issue of paper
money.” Yet, strange to say, it did n ,
“but, on the contrary, the demand for a
circulation was greater than ever, and the
gold not being here to supply the currency,
78 millions only being left here in the pub
lic deposits of the counivv, there was a mul
tiplication of banks, a vast increase of hank
ing capitol, and an inflated paper circulation
of‘214 millions. The number of banks in
creased from Gil, in 1843 the last specie
suspension, to 141G by the 1st of January,
1 lie amount ol Dauumg caput?; now,
independent of private banking is $370,
834.080, and the total bank assets, includ
ing capital, was $1,324,013,452: exclu
sive of capital, was $953,178,700 ; the a
tnonut of total banking liabilities was $522,
021, 357—leaving a total surplus of $430,
057,400, exclusive of capital; and the ag
gregate of immediate liabilities i. e. of cir
culation, deposits and dues to other banks,
was $5u5.804,5t>7, and the aggregate of
liinucitjato Tie-aiis. i. p. t>f ijecic
funde, notes of other banks and sums due
from other banks, was but $177,404,072,
leaving n deficiency of immediate means on
the 1st of January 1857, of $325,309,815.
Such whs the decree of inflation and deli
ct em-y of immediate means at that date.
“Another reason-for this excessive infla
tion of our currency,” the Message proceeds
“is the speculation in the North-western
Territory of the United States brought on
by the corrupting grants to internal im
proveniruts by the t»enteral Government.”
These have produced a state of tilings in
that section “paralleled only by the Yazoo
sc he ms of old.
Thus the land ‘"speettfafion” of the north
west and the “Pacific gold diggings” have
“inflated our currency, blown up a bubble
which is now bursting, and threatening to
put our State bonds into market at a dis
paraging rate.”
The whole nation was blind to the course
of things according to which “the produc
tion of gold inflated the currency, and its
! export left not enough to bear and redeem
the over-issue of paper circulation. The
only redeeming power is in the immense
production of their things beside* gold, to
pay our debts and bring us specie.”
The Message then adverts to the last re
port of Mr. Secretary Guthrie “on the con
oition of the banks of the United States.
' This was enough to show all men of fore
sight. that prudeuce required a contraction
; ratuor tnan an expansion or Dusiuess. its
warning, however, was not turned to ac
count with what result is now seen ‘’But
yesterday the demand was for money to be
: gin new business and undertake new enter
prises of speculation, and any sort of medi
j mn would do:.—to-day the demand is strong
j er strll for money, but it is for real money
! and no other will do, to pay off okl debts
and settle- okt trausaetkmg*, The difference
j between the two demands will now be seen
’ and all will know whether gold has depre
• eiated or not m vuluo, ami wimtLw wpueUt
l can Vie k>ng or far departed front as a stand
j ard.”
The Message next proceeds to an exam
i ination of “the condition of the banks of the
United States” on the 1st January last, “in
i order to judge justly of the eoarse pursued
■ by our own banks hr the present revulsion.”
(—“There are,” it says, “thirteen priucf
j pal centres of trade controlling, the financial
and commercial relations in the United
States. Two are primary national centres
i—the one the importing, New York; and
| the other the exporting, New Orleans. The
others are but satellites and secondary. In
j the North east, Boston, Philadelphia, Bal
j tiinore, in the South east 'Charleston, Sa
fanali. Mobile in the Northwest. Cine in sat?,
j Chicago; Buffalo, St. Louis; on the Pacific,
; San Francisco.” “The four great Central,
j Middle, Atlantic and Ohio front, slave-liold
) ing, tobacco-growing, breadstuff’s producing,
I agricultural, gjrasing usd mineral yielding
j States, Ykgiaia, North Caroliuia, Tennessee
j and Kentucky have no centres of their own,
but are dependent on centres around them
North, Sowth, Ensir and West!” The Gov
ernor “pro-poses to generalize the facts,” in
Mr. Gruthrie's report, “in order to show
| the operation of these centres” financially
! and eomnicrcraiTj.
j In this task be death largely in tubular
j statements which fill many pages. These
j we shall omit and come at once to the re
i suit. “The whole comparison shows,” con
i eludes the Governor
1st. That the Capital employed vto trade
flows to the centres.
'2d. That it flows there in spite of the
j balance of trade.
oil. That this very feet of a balance of
trade in faro!* of the 8fate pmducfns the
raw materials against the commercial cen
tres, instead of being a strength, is a weak
ness, in times of a money presume.
| 4th. And above aft, that onr best defence
against the tax of paying exchange to those
centres all around us, and against the dan
ger and dismay of having our surplus
caught Under the dead fall of hard times in
centres outside of our control, “is to build
up a centre of trade in our own limits.’
}IloW such a centre is to be built up is
I shown under the head of State impvo-ve
! merits.—which are the “greatest ultimo re
lief and defence.”
! “The surplus capital rill How to the cen
tre because commerce it chore most active;
the dollar there can *»vt>r oftenost
and make tha mo*: v df: And ik;s j,,
spite of the balance of trade or the rate oi
I It no rest the* use of moncv. No matter
vvhat is the rate of interest in 2sew York, a
J bill of exchange on that city will draw a
premium from any place on this continent,
because it is the centre of trade.” Nor will
the balance of trade against the centre draw
the money ftway, “on the contrary, it leaves
the money there.” This is illustrated by
the late instance of our tobacconists. The
profits making a balance of trade in our
favor, were all left in New York in the
shape of debts dtie from their factors. They
were merely represented here by bills of ex
change on their factors, held by our banks
and ‘ ‘too much rated as specie funds,” Thus
the very means counted m by the banks as
specie, when the pressure came, turned in
jto protested paper, leaving the specie really
| at the centre from which be balance was
due ;
j Thus, when it money crisis ponses the
! balance of trade is found in the hands of the
| centres of trade, and the notes of our banks
Jin the hands of their broilers. These brok
ers, having notice first of the suspension in
the centres, start earliest in the race for
specie. Having already the specie repre
j sen ted by the protested tills on the centres,
I their object is to secure also the specie for
four bank notes issued in the purchase of
| those very bills. This the suspension of
our banks prevented them from doing, and
the Governor vehemenfy insists did so
'rightly. \Vre ought “to (rave held on at all
events to what specie wo had left.” For
this reason, when our banks first suspended
l'.e calmly awaited the result and declined to
issue a proclamation prohibiting the receipt1
I of their notes iu paymentjof the public dues.
The deposit banks refused to receive them
yet deeming the law to H permissive and
not imperative to prohibit their receipt, he
still declined to issue a proclamation.
In relation to the course of the suspended
banks in declining to comply with the Gov
ernor’s call upon them G redeem their notes
here in fifteen days from their receipt, he
says their reasons were explained to him by
deputation, it v?:< : ta the "enter
ing of all the specie in the Commonwealth
at liichmond. Seeing this objection to be
sound, and the suspended banka pledging
to redeem their notes iu the hands of the
Treasurer in bankable funds, and to meet
the demands of the Commonwealth for their
proportion of specie to pay the interest on
the public debt; and knowing that the col
lection of the revenue could not be made
and that the tax-payers would be made to
suffer, without receiving the notes of the
suspended banks, he determined not to
prohibit the receipt of any so long os there
was no evidence of fraud, and so long as
[there was an evident lx>na jub: intent and
; apparent ability to protect our own people
and our public credit,
| The Governor regretted to ho eotrepelled
jro prohibit the receipt of the notes of the
Kanawha Hank ; hut it was no*t for want of
confidence in its officer*. Its assets were
owned out of the State ; a large partiou of
them were removed for collection out of
reach of our process, much of tlvcm was iu
| the hands ot the *>hio Tm*t Company and
jour revenue was at risk without any profit
jto any portion of our people. A full in
vestigation will show that the poclamation
was none too soon to save loss to the trea
The deposit banks have suspended also,
and there being ra> longer a specie-paying
bank left in which to deposit the public funds,
ihe CoVernov,. in the e^cFcise of “his duty
to direct in what of her prasre they should be
| kept,” decided that still t-lvey s-htmld not be
removed. This was, first, because no other
place was deemed at all more secure, and,
secondly, because the Commonwealth hav
ing issued paper money too, in shape ot
treasury notes, and the law allowing them
! to ‘ *bc received by way of set-off in liqui
j dation of all taxers and debts due to-the Com
monwealth after the ‘lUth of September’50”
! the banks might have handed these to the
i Treasurer upon his demand for the deposits.
| in tllal Case, instead r rtj.uoval of tlu> ilo
Ipo&ites, there would have been only a pay
jiuent of a part of the floating debt at the
| cost of the revenue necessary for current ex
jpenses. The removal, without being avail
1 able to any good end of safety or even of
example, would have only added tcj the a
Ikym and panic already fearfully existing.
! But. above all, the Commissioners of the
Sinking Fund had advertised to redeem
$184,000 of the public- debt,- which, of
course, required specier ami the interest ou
tlie pub lie debt was So be met in specie/ and
the only agents to accomplish that end which
the State could employ in these times, were
her own banks, and chiefly the deposit
banks. They bad done all in- their power
to- maintain the State’s credit, were willing
still to do so, and it was still dependent on
them. The Governor, therefore, not feel
in» it imperative on him to discredit them
under sucli circumstances, did not choose to
do so, and accordingly gave a fiuta? order to
the Treasurer to continue to deposite the
public funds in the three depositories, as
usual, “provided they would receive the
notes of the other banks and credit the same
to the Commonwealth.”
; A fter all this-,, the deposit banks continued
• to discredit the notes of the stber suspended
hanks. The Coventor then directed- the
Treasurer to receive and pay owl the public
i moneys as provided in the section of
'chapter 58 of the Code—cm the Warrant of
I the proper Auditor, without any deposit be
jing mode or check drawn upon a bank—or
| do red the State funds- then in the deposit
hanks CS' ucmaui until regularly, drawn out,
j and suggested to the Treasurer a specialde*
I posk of bank notes thereafter received bv
j him -with the deposit banks for safe keeping
! —tliere being no safe place in any public
! building.
| At this time it was thought that by the
10th of December there would be at least
' $1,200,000 of the revenue collected in the
j notes of the country banks, of which a
j mount 50 per cent, would probably have to
I be converted into specie in order to meet the
: interest on the public debt due the 1st of
j January nest. Notice was given to these
I banks accordingly, and has been so well ob
• served t?!at as early as the 23d November
! the treasury office reported ;—
j Specie or its equivalent, $730,454 T9
j On special deposit, 475,499 70
Beteluro received, $1,200,953 95
i To credit r-f Oom
; UlOUWCMlth, AusTiJf,
I To credit of Lit
erary Fund, 24,780 80
i To credit of
| Board ofPub
j lie Works, 50,230 12
To credit of Siok
! rag Fund, 447,934 92
--$1,206,953 95
By the 15th December this amount will
be increased to nearly a million.
Here the Message goes into a series of
tabulur statements, intended to “show our
other relations to and dependencies upon the
general banking condition of the United
States,” from all which the Governor de
duces the conclusions, first, that “the ex
port centre with its satellites was in a better
condition to meet a money crisis than the
import centre and its satellites 5” and se
condly, that “the Northwestern banks were
in the worst condition of all.”
Hence, the Message proceeds next “to j
note” what it styles “the empiricism of at
tempting to draw capital from other States
by raising tbc rate of interest on money.— j
In the Northwest chiefly these attempts have
been made. The result is to discover the
truth, that the drawing of money there up
on usury was not the acquisition hut the
loss of capital This flows from the other
truth that money sent abroad is but a ser
vant hired for the profit of its owner. Ii i
goes to make a profit out of the community |
which draws it and for the community which I
semis it. Ahcretore, of communities, as of
individuals, those in the end thrive most
who contract in time of expansion, and ex
pand in time of contraction. The rate of
interest and the balance of trade have little
to do with exchange; that depends on the
centre of trade. And the State that raises
her interest above others to draw capital,
only invites others to make a profit out of
her people and to crush them with debt in a
time of money pressure.
Next follows a synopsis of the condition
of our own banks- according to their late re
turns showing in detail the immediate means
and the. immediate liabilities on the 1st Oc
tober last, and their specie sek! circulation.
We give only the conclusion, which is, that
the total of immediate means of all the
banks was $4,400,333; the total of imme
diate liabilities, $1(5,790,153'; total specie,
$2,184,681; total circulation, $9,909,632.
Such being their condition, they were
wholly unable to meet an immediate press
ure, though all perhaps, ultimately solvent.
“But no one cm-> pronounce their condition
at all sound or safe. 'Ibo fa tilt is in the
system itself; it is not restrictive enough,
I extends credit too far and requires too little
specie and responsibility. But the Mes
sage, by all means, recommends giving the
| banks time to call in and convert their as
I sets, or the people ami not the banks will be
• the sufferers. They ought not to be allow
ed to- ex-ptnid, but ought not to be hurried
1 iuto a premature resumption,’'
Their condition has improved from the
1st of January to the 1st of October last.—
At the former date the immediate means
were to the immediate liabilities, as 4| to
i 19at the latter date as to 10f
If the question Was an original one,
whether V irginia should have banks of cir
culation, having no centre of trade, the
! Governor would be against them, upon tin
ground that they are a fas upon her people,
i Such a State is obliged to keep out a circu
lation equal nearly to its banking capital—
■ an active commerce alone being able to have
i a “clearing house. J his circulation she is
1 obliged to send at a discount to the centre
j of trrsie for sispp$tc», am? then to' fedeern it
j in specie-. But this is not now a debatea
ble question. “The business of banking is
too profitable not to interest capitalists in
its establishment, and the habits of our peo
ple are fixed to have banks.” Unfortunate
ly they are of two kinds, competing with
each other, and with collisions and jealous
ies sot at all suited so ease the diffitmlties
of the times. Whichever be best or worst,
—■cither akme would i» the Governor’s opin
ion, work better. Neither recommends it
self to him, and lie would co-mpou-r-d a bet
ter of the two. He would revert more
closely than ever to the specie basis. The
| new ba»bs> may be, and probably are, as
| safe as the old, a® they both now exist, yet
j as the principle of the old 1ms been longest
! established and is best known, he would
prefer to adopt it, but with much stronger
limitations than have heretofore been impo
sed. The new system requires more capi
tal for the same amount of accommodation.
Moreover, it connects public credit too
j much and too directly with the fluctuations
! of banking operations. But its indepen
I dent feature is sound, and under no system
; would he establish a mother bank and
t branches.
| He recommends, if the Legislature takes
: up the subject of a general banking law.
| 1st. That but one plan of banking bea
I dopted.
2iL jFhat no'bran dies be allowed
3d. That an issue of two for one ouiv of
i capital be the limit.
i 4th:. And of three for one of specie an
; dor a forfeiture of charter,
j 5th. All issues to1 be redeemed in-specie.
! Oth. To require a registry of aid notes is
sued in some government oflice.
7th. No issue of notes under <S>tO.
; 8th. To he separate, from the State and
its finances, except for the negotiation of
loans and the deposit of public funds.
| 9th. A limit of dividend? to 7 percent—
any excess to bo reserved for a contingent
fund to-guarantee specie payment.
1 10th1,- Greater governmental control, to
: supervise their proceedings and prevent
violations of charter.
11th. The State to appoint at least three
eif the Directors, whether she owns stock or
not } to have them sworn as commissioners,
to report quarterly the condition of the
I bank, and not themselves to own stock or
| borrow from the bank.
I 1-th The Legislature or Exe^rttiVc to
| have power, for sufficient causey *o institute
i proceedings to close the bank anti put it in
the course of liquidation.
13th. llatiking to a limited amount only,
say one half, to be allowed on deposits.
Besides these recommendations, the Mes
sage makes a suggestion, with a vie# to rid
the finances of the country of the control of
the Now York City banks. These banks,
he thinks, have succeeded to the mon-:
ey position of the Batik of the United
States. They are equivalent to a mam-!
moth National Bank, controlling financial
and commercial relations, and expanding ■
or contracting speculations io suit them-'
c«. irr.->. In this they arc aided by the Fed
eral Treasury so far as the Government is I
authorized to sell drafts on iig depositories. 1
These drafts being for the most part on New !
York, where two-thirds of the revenue is
collected The effect is that the great mass 1
of Government payments though due else-!
where, are tnade on specie at that point.— I
Would knot be Well, says the Message, to!
repeal the power of the disbursing officers j
to sell drafts, and for the States to adopt
some uniform rate of interest on money, a ;
uniform denomination of notes, and some !
relative amount of specie to bank cireula- 1
tion? It is suggested, therefore, that Hr- 1
ginia move in proposing a conference of
States to attain this end. if poss:ble, with
out an amendment to the Constitution of
the United States.
There arc many eulogies passed upon the:
so called “credit system.” Few know the
real tax that it occasions, or dream who
pays it. A farmer sells his wool upon cred
it, and charges from five to ten per cent,
more than for cash. The manufacturer, in
selling his cloth, demands equally as much
above cash price, because be has to wait
and run hazards for his nay. He sells to,
rhe wholesale dealer, and demands a like
addition to the cash price for giving credit.
— 1 ho jobber bays, paying a like addition
for being trusted. He sells to the ecranSry i
j merchant, and put? on a like increase, be* :
muse he gives credit. The latter, in re*
tailing, makes a like addition for selling on
credit. Here are four sales upon credit.—
Vt only five per cent, addition for credit,
the consumer pays {treaty per cent., because
former owners dealt on credit. At ten per
| cent this would amount to forty. The latter,
! -ve think, is below the reality. If follows'
; that when the consumer purchases five dol
lars’worth of cloth, two dollars of it are,
I paid in consequence of the various credits
|given by sellers to the buyers. This is true'
‘o a greater or loss ext mt as to very many
filings vfc consume. We are severely t»x-« j
ed for the credits others obtain, as well as '
for those extended to ourselves. The pay-1- j
ing consumers bear the looses sustained bv '
those who never pay. The price of credit
is always largely increased because a por
tion never perform their engagements/ j
Looking at this matter as it really exist?,-!
\vc can appreciate the virtues assigned by j
John Randolph to four words, which, he:
said, were the secret to prosperity, to wit: i
‘ ‘Pay as yon go'/’ j
IN A NUT SHELL.—A Washington !
correspondent of the ‘-Pennsylvanian” cx-j
plains the Kansas question as it now stands,
; ind the position* of the President upon it,
with graphic force and effect; so5 'hat all
may comprehend it at a glance. We quote
so much of his exposition as is necessary to
show where the PresMeu* sfaittrs, and why
iie is found standing there. That his posi- '
cion is that of a sound patriot and sagacious
statesmen*, will be' comprehended by all un
prejudiced and really good citizens who re
flect e» it as stated in the letter in question,
as follows, i
“The President's policy consists ifi ad-!
mitting Kansas as soon as possible into the I
Union, not as a slave State or a free 8tate, !
, but as an independent State, widely may
regulate its domestic iastiJutioua n» may
suit the majority of the people. The mo
ment Kansas fe? adtmttetl res- & State,- the
j United Spates troops wifi he’ withdrawn,
i and if the free Stale men, a? rs said by
the Black Republicans have a majority of
five to- one, can any one dttubt that they
will hate ff aM ibev? owbp ws-y, tVve moment1
they are left to Sbetpselves ? If, theft, there
is asy disea-se iw Kansas, it will be local,
and not emfesget tfie whole system. The
question will no longer be agitated m Con
gress. Legislation for the Territories will
no longer interfere with the fin an rial and
commercial wants of the country, and our
foreign relations wifr have a chance of re
ceiving a proper share of attention from the
National legislature. These are the views
of our s-tatesmnw President, and thus re
coiumefi'd tLemsolVcs, like’ everything else
that emanates from him, by directness of
purpose, facility of execution1, and certainty
of success."
A Shot'king Murder.
We learn from the Washington Star,
that a m ist atrocious murder was covnmit
j ted upon the wife of Mr Basil Hall, a resi
dent of Alexandria county. Va., about fi'Vs'
j miles from Washington, 1>. €., on Tues
day last. The following are the particulars:
According to’the deposition of Mrs. Hall,
her hue band was walking over the farm,
am? the rest of the whites of the family were
st church,- who ft1 a’ sla e woman named
JeftSey put. as> armful of dry plank orr the
fire,- which Mrs. Hall ordered her to take
off. She did 30, but quickly put it onmg; i •.
Mrs. Hall again ordered bor tfo take it off.
j Tho negross then seized Mrs. H. and forc
ing her head down between her logs, she
backed her into the fire. Three times, ac
cording to Mrs. H.’s statement, she man
aged to break loose from the fiend, who as
often seized her and placed her back on the j
fire! On the last occasion, her screams!
brought others of the family, negroes*, and
her husband to her rescue. Mrs. II. died
about midnight. Mr. Hall made an attempt
to shoot the servant, but was prevented,
arid she was taken to prison
; Fow persons in Virginia, ft* estimating
I “,e inaferiai resources of the Commonwealth,
| appreciate at their full valtro the coal mines
j of the west. Few, indeed, appreciate their
( value—still lees the inexhaustible
I wcnt-‘1 of which they are to he the source
for generations yet to come.
There is scarcely a bhiff which overlooks
the Ohio river, that is hot heavily eharged
with this valuable mineral, Nature, in
fact, seems to have provided on the upper
wafers of the Ohio, the fuel which is to sup
p.y the wants of the teeming Valley of the
Mississippi for thousands of years. It is
not too-great a stretch of language to say
that tin: coal mines of Western Virginia are
uttuily inexhaustible. One hundred millions
of people may come, and the coal will still
l>e sum cunt for all their wants of fuel, and
of motive power for navigation and manu
tacti n.ig
7 he Incendiary of Bethany Colley*_A
man named Owen McNelly has been fixed
upon as the person who burned the College
at Bethany, Brooke county, on the night V
the 10th ult. A party of stndenta pursu
ed him to Pittsburg, Pa„ and made grand
display of pistols and valor, but allowed the
man to slip through their fingers finally
and escape. It is said that McNelly's ha
tved of the college is hereditary. His fath
!ihe fD!^ct for digg{ng the founda
i.>on or the building, and through want of
care he dug some feet orer the 'boundary
me and refused to fill up the exeavatiou'.
but was latterly forced to do bo. This gal
led him so much, that it is said he swore to
unrii the edifice if it ever arrived at complo
fitm But he died before executing the do
pign, and on his death bed made his son
( wen McNelly. swear to fulfil his unaccom
plished oath. At least such is the story
current about Rethay, *
Just Saved Himself. A pious old geft.
tlcman, one of the salt of the earth sort,
w.mt out into a field to catch a mare that wag
Jvom to bear him to town. He moved on
toe most approved mode. He shook a mea
sure of eomat Iter to delude her into the
holier chat she was to get it; but she was
not to be deceived by any such specious net.
L‘ie would come nWfi and rJion ««■ -
PVJ’ nnt“ .the £00(i was fretted very
badly. At last he goth,* in a corner l
mong sotne brrars, and madn a dash at hor
when she bounded over the wall and left him
sprawling among the bushes. His Kristian
fortitude gave way at this, and gatWinw
Ifnnself, be cried, • ‘Hell”. The ejaculafi^
had passed his lips before he thought, but
immediately consetotrs of its wickedness, be
said “relujah !” and translated the nrofamy
word into a note of triumph.
A Christian Grocery.”—A man in
Lockport has opened a “Christian
grocery. He states, in explanation of this
singing heading, that he has opened a shop
tor the dispensation of a “little wino” and
other kinds of spirits “for the stomach’s
sfljke, and that as be wished to make it a
Christian shop, and Wished to accommodate
Christian customers, lie would take for his
pay, considering the hard times,all kinds of
yehgfofis books, tracts, da.
JU •' th.e 1 fopnotor in exi. vkgino tttk daily bdi
yion 1° thesi/.e ol the IVatlnnjton Union '
/ "t 0 men will continue to represent the snnnU
constitutional principles of Stale'* right/whieJ
have ever been nplicJd by the National* D cm" cS
c> . but it w ill not be so entrrefv political that itj
columns wiP mteresf the politician exclusively,nor
so subservient to party as to betray principle at ti l
command of power, or disguise its convictions*?
the suggestions of expediency. "
In addition to the discussion of important noliti
. crimsons, itseolmnas will be devoted to r,
ruocBEDiseaor CWllv,', to tiie current tranaac
tions of the Government, to general news, and
matters of mferest appertaining to Literature, Ag
riculture, and Commerce. * ®
The subscription price oftho enlarged Daily wilt
bt .
One copy for one year -
Two copies tor one year
Ti i Weekly,'one copy for one year -
$8 OW
- ioon
3 (H)
Iho Weekly fe pnofisAed In a large „or«r»
surr.. r<niM and » printed on superior paper «|,h
handsome, bold type,, at the following reasonable
rates of irttbsci iptiou: * 8 nao,#
Sihprlfe d'ofifca ✓ .Por
TWO copies . .. * $* ™
FIVE copies.’ ^ 00
rl!‘‘V r£[)lU“J one and anv 1#raer
nwAw rt tbt rate of $1 per year - ?«■ rftf
"tiflFrl tnthe rftttek MiS.ert'Sw,
ana any larger number, at $1.20 each - p 00
Clerk, or other, er,on, who mar
T!j;z't;r *«■*•<«
^Sfe- Part-meat in all cases is required invariable
th<f “cceint’ of th "" Pf,perS " Hl bt' ^’•’aTded until
tnc . eceipt of the money;
As Congress will soon assemb'e- anj ,, ,• „ .
pected tha t it will be one of the m os “hnpor'rab? aTd
interesting sessions ever Convened in the Metroeo
Us, it must bo an object with persons at a diktanee
r° r?,rV.he.CThtet au<1 111031 reliable intelligence
from tho Capital. *
In order therefore, 5c oblige those wfof desire to
sub cribo for a paper published in Washington
b.1rn 'vh'Jnni>hu 8CsaLoh °, c<,nKres8. #o propose to
lui msh the W kkklt States on tfe following term*
Tor Pfrtftths.
Two copies
Five eopisa
Terr copies
f6njfoi. MONTHS.
$1 00*
2 00
3 00
(>ne fopy ?l p0.
Five copies - . . . . 3 on
1 on copies - - - - - 5 00
£-CU I ne proprietor of The Sta ies was ono of
[ . .ol 'J-'i.a! founders of tlie II u«A/»,/fon I'nion. and
, > ,n~ nt‘" rPilPcr experier.ee, befurc and since the
establishment ot that paper, justifies him in prom
ising a paper well worthy of their patronage.
v . 01 JOHN i\ HElStt
November 21, 1857,_3m. Proprietor.
0 h 0iES Xo- 1 York State Cheese, for sale
50,fh?^v^a^7^o^7soce3. s^T
table tor Negroes;for salebv
_St a-.in ton, Dee. 5, 1857;—lm
rsl ways on hand at Bit Y()T' NG’S
Staunton Nov. 14, 185f. M'S'
A reeeivedat DR. YOUNO’S.
Staunton, Nov. 14, 1857.
5',t11<est„8ojo ^'atfaer in Store and,
foi fcaie at sinall’profits bv
Staunton, Nov. 7, 1857.
1 0 Pa^YLS Crushed”and C.“ Cefco"Sugary
^N- • ^"r vf S'TAP7t3- MARTIN’ de CO '

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